Bespoke Portfolio's objective is to build the wealth of our clients by offering a personalised investment service. Each portfolio is tailor-made to your specific requirement, hence the name Bespoke Portfolio.

Our Business

Managed Discretionary Accounts are arrangements that involve the management of a portfolio of assets for a client on an individual basis. Under such arrangements, MDA operators have the discretion to make investments without referring to the client for each transaction; and each clients assets are managed as a discrete portfolio belonging to that client.

There is NO pooling of clients' portfolios.

There are a number of benefits of MDA's relative to pooled investments. These include:

l Asset Ownership - MDA's provide the investor with direct ownership of fund assets rather than assets being held in the name of the platform. (It should be noted that an MDA platform should be seen in conjunction with other investment platforms as they are mutually inclusive of each other).

l Tax efficiency - In a standard managed fund, normal trust accounting often creates a disconnect between the realised capital gains / losses generated by the underlying portfolio and the capital gains / loss actually distributed or attributable to each investor.

For example, where one investor requests redemption and causes a managed fund to realise some capital gains / losses, the capital gains / losses are distributed equally amongst all investors. An MDA avoids this situation as each investor separately owns the assets in their portfolio rather than holding units in a common fund alongside other investors.

l Tax Reporting - In a managed fund, the fund's tax reports need to be generated and finalised before tax reports for each individual investor can be produced. In a MDA an individual investor own their underlying portfolio, tax reporting can occur in a more timely fashion.

l  Transparency - Investors in managed funds typically do not have timely access or have limited ability to view the underlying investments. In an MDA, investors have full transparency of investments they are holding.

l Customisation - Portfolio construction may be tailored for each individual investor. In a managed fund, specific tailoring would not be possible as investors simply own units in a fund.